The new parliament isn't seen as demanding changes to MiCA in the immediate future, though it has the power to ask the European Commission for a report on whether changes are needed.
The election for members of the European Parliament starts today, with results expected on June 9. The more than 700 MEPs, though they cannot initiate legislation and the final decision on adopting a law lies with the Council of the EU. So far the industry has relied on MEP allies like Lídia Pereira from the grouping known as the European People's Party and Ondřej Kovařík from Renew Europe to push for pro-crypto rules.
"I also think Ondřej Kovařík should have a good chance and that will be great because he has been a great ally," Astazi said, noting that Kovařík, from the Czech Republic, has been very active in forums.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: TheBlock__ - 🏆 464. / 53 Read more »